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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. wait for it... ah! ah! wait for it... wait for it... [ laughs ] you know, i'm not trying to be ungrateful here or anything... but i just don't think i should have to wait for it! who do you think i am, quicken loans? ♪ at quicken loans, we won't make you wait for it. our efficient, online system allows us to get you through your home loan process fast. which means you'll never have to beg for a quick closing. in fact, here at quicken loans we close the majority of our home loans in thirty days or less... and that's pretty darn fast! because we believe you've got better things to do than to wait for months for your loan to close. super fast closings... one more way quicken loans is engineered to amaze. ♪ [ dogs barking ] >>> he was a moderate. >> welcome back to "hardball" on our live coverage. it's very live. there's the presid
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. wait for it... ah! ah! wait for it... wait for it... [ laughs ] you know, i'm not trying to be ungrateful here or anything... but i just don't think i should have to wait for it! who do you think i am, quicken loans? ♪ at quicken loans, we won't make you...
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Jan 21, 2013
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and that's where they have to work together to turn the economy around. because that's of course what is going to be -- >> even if he decided not to run, he would keep that a secret as long as he could. because that's his leverage, isn't it, david gergen? we knew in the second term dick cheney was not going to run in the bush years and you saw he lost some foreign policy issuei. if the first year, he was dominant. and he was not as big a force in the republican party because people knew he was not going to be on the electoral battlefield. >> i think that's right, john. from his point of view, what he also -- he has to worry not only about whether hillary clinton's going to get in, not only about his own age and health, he has to worry about the overall success of this partnership. he has a very strong self-interest in seeing barack obama succeed. as you well know, after eight years of one party being in office, it's not easy to hold on to that office. and one of the things that helped to elect george h.w. bush at the end of reagan was reagan went out on a
and that's where they have to work together to turn the economy around. because that's of course what is going to be -- >> even if he decided not to run, he would keep that a secret as long as he could. because that's his leverage, isn't it, david gergen? we knew in the second term dick cheney was not going to run in the bush years and you saw he lost some foreign policy issuei. if the first year, he was dominant. and he was not as big a force in the republican party because people knew...
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Jan 21, 2013
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he had one of the worst economies in many, many years. he had all kinds of catastrophes and people forget about the bp spill, forget about the economy, they forget about all the jobs we were losing, forget about the unemployment rate at the time he was running for office. but yet and still -- and don't forget voter suppression, voter suppression, all kinds of efforts to strike out early voting, and yet and still he still had a tremendous victory. and i think that was reaffirming. it really was because i think it made a lot of people feel that, first of all, americans got it, they understood what he had gone through, they wanted to reward him for his effort, but more important than that, martin, they saw where he was going, and it wasn't where they were, where they are. they saw where they were going and that's very significant. >> and so you think it was about the sense of his determination and aspiration in a particular direction that drove this campaign. >> no doubt about it. they were inspired by his aspirations. it's not always you ge
he had one of the worst economies in many, many years. he had all kinds of catastrophes and people forget about the bp spill, forget about the economy, they forget about all the jobs we were losing, forget about the unemployment rate at the time he was running for office. but yet and still -- and don't forget voter suppression, voter suppression, all kinds of efforts to strike out early voting, and yet and still he still had a tremendous victory. and i think that was reaffirming. it really was...
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Jan 21, 2013
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you can do it without tanking the economy. you have to be careful. >> can you hold hands with elizabeth warren? >> she is a great reader of biographies in history. >> book club. >> thank you. >>> you on this afternoon? >> theoretically: >> still ahead, look who is coming. this is exciting. >> former secretary of state colin powell. you are watching "morning joe" live on inauguration day in washington, d.c. we'll be right back. look, if you have copd like me you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, eve
you can do it without tanking the economy. you have to be careful. >> can you hold hands with elizabeth warren? >> she is a great reader of biographies in history. >> book club. >> thank you. >>> you on this afternoon? >> theoretically: >> still ahead, look who is coming. this is exciting. >> former secretary of state colin powell. you are watching "morning joe" live on inauguration day in washington, d.c. we'll be right back. look,...
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Jan 21, 2013
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let's figure out how to stig stigmatize the rising economy. i was at a meeting in california of young new stewards on saturday. this is 7 to 10 years. i've been doing this my whole life. i may not be there at the end of that period, but i'm sure, absolutely certain, that without that kind of basic movement in this country, not just the traditional union agenda, we don't have a chance. on the other hand, with that kind of agenda, i absolutely believe we can change this country as president obama talked about in 2008. the change you can believe in, the change you work for. >> what has president obama done for labor in these last four years? >> well, i think he's tried to do quite a bit. i think in his heart he definitely supports, you know, working families. part of the outcome piece is what gets through the u.s. congress. so he definitely supported health care bill much more like speaker pelosi than what we ended up getting through the senate finance committee, onto the senate floor and eventually adopted a year later. he definitely supported w
let's figure out how to stig stigmatize the rising economy. i was at a meeting in california of young new stewards on saturday. this is 7 to 10 years. i've been doing this my whole life. i may not be there at the end of that period, but i'm sure, absolutely certain, that without that kind of basic movement in this country, not just the traditional union agenda, we don't have a chance. on the other hand, with that kind of agenda, i absolutely believe we can change this country as president obama...
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Jan 21, 2013
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they think the economy looks pretty good. don't mess it up. >> it does look pretty good, as best we can tell. the one thing to remember is it's not just the debt ceiling. it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president to agree to cuts. there are looming deadlines. so i think the republicans will get obama to agree to some cuts, even if we don't have a really economically damaging showdown. chris: how are we going to deal to entitlements? i don't think liberals want to do much. who is going to do it? >> we don't have to do it immediately, and that's an important point. conservatives don't either. the conservative base right now is an older base. it's people in their 50's and 60's, people who say i'm really worried about the deficit. don't touch my medicare or social security. chris: that it? indicated stuff. >> the entitlement stuff is a really big problem. there are a lot of liberals who go too far in denying it's a problem, but
they think the economy looks pretty good. don't mess it up. >> it does look pretty good, as best we can tell. the one thing to remember is it's not just the debt ceiling. it's these automatic cuts that are scheduled to take place march 16789 the debt ceiling isn't their only opportunity to try to get the president to agree to cuts. there are looming deadlines. so i think the republicans will get obama to agree to some cuts, even if we don't have a really economically damaging showdown....
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Jan 21, 2013
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economy, obviously. you might have climate change. >> right. >> the foreign policy, the restructuring if you like of america's place in the world, taking on where barack obama has taken it so far. very interesting. perhaps leading from the back as he said in certain cases rather than from the front. i think the days of america having to be the global policeman should be over. what else do you see as priorities? >> immigration reform. the president feels strongly about we'll tackle this year. everyone out there understands our system is broken. and we need some fundamental restructuring of it. right thing to do. there's common sense agreement out in the states on how to do it. people putting politics aside. i think you will see the president in the second term work passionately across party lines on education to make the k-12 system the best in the world like the university system is. you hit the biggest one, that's the economy. we have to continue to take the steps -- >> does everything flow from the eco
economy, obviously. you might have climate change. >> right. >> the foreign policy, the restructuring if you like of america's place in the world, taking on where barack obama has taken it so far. very interesting. perhaps leading from the back as he said in certain cases rather than from the front. i think the days of america having to be the global policeman should be over. what else do you see as priorities? >> immigration reform. the president feels strongly about we'll...
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Jan 21, 2013
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our economy was in shambles. i watched him make a series of decisions very quickly to stand up to financial industry, the recovery act, to intervene on the auto industry. not any one of them was popular. he knew it was what we had to do to right the country. it is worth noting how far we've come. we're in a different place than we were four years ago. >> the last election he hadn't made any mistakes. now you've won that second term. you can be a little more honest about where he could have gone further and didn't or where he regrets not going further. >> i'm going to point to his own words. he believes he could have done a better job communicating with the american people. we've been talking about what we were dealing with. the financial crisis, the economic crisis, building a new administration. we had our hands full. i think frying ing trying to g that done and take the emergency steps to sure up our banks, some things were lost in there including communicating with the american people but why we were taking th
our economy was in shambles. i watched him make a series of decisions very quickly to stand up to financial industry, the recovery act, to intervene on the auto industry. not any one of them was popular. he knew it was what we had to do to right the country. it is worth noting how far we've come. we're in a different place than we were four years ago. >> the last election he hadn't made any mistakes. now you've won that second term. you can be a little more honest about where he could...
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Jan 20, 2013
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we've got to never again have this threat to the global economy and our economy because congress may not pay its bills. now, three months is no way to run an economy or railroad or anything else so that's not ideal. so i think it's a significant moment that the republican party now has moved off their position that the only way they're going to pay their bills is if they ge the correct kind of concessions. now, where does that leave us? i think we would be better served to go back to regular order in congress so we're notica reaping crisis to crisis; congress ought to work together and come up with a long-term fiscal plan >> but you see this as a good sign? >> i think they're no longer saying the only way we pay our bills is to have huge cuts in things like medicare. that's positive. listen you see our economy-- good housing numbers this past week good construction numbers. i think that our economy is poised to really grow, and we can't have washington be the hindrance to that. washington ought to be a help, not a hindrance >> can you get a gun bill through congress? >> we think we c
we've got to never again have this threat to the global economy and our economy because congress may not pay its bills. now, three months is no way to run an economy or railroad or anything else so that's not ideal. so i think it's a significant moment that the republican party now has moved off their position that the only way they're going to pay their bills is if they ge the correct kind of concessions. now, where does that leave us? i think we would be better served to go back to regular...
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Jan 20, 2013
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we've got to never again have this threat to the global economy and our economy because congress may not pay its bills. now, three months is no way to run an economy or railroad or anything else so that's not ideal. so i think it's a significant moment that the republican party now has moved off their position that the only way they're going to pay their bills is if they ge the correct kind of concessions. now, where does that leave us? i think we would be better served to go back to regular order in congress so we're notica reaping crisis to crisis; congress ought to work together and come up with a long-term fiscal plan >> but you see this as a good sign? >> i think they're no longer saying the only way we pay our bills is to have huge cuts in things like medicare. that's positive. listen, you see our economy-- good housing numbers this past week, good construction numbers. i think that our economy is poised to really grow, and we can't have washington be the hindrance to that. washington ought to be a help, not a hindrance >> can you get a gun bill through congress? >> we think we
we've got to never again have this threat to the global economy and our economy because congress may not pay its bills. now, three months is no way to run an economy or railroad or anything else so that's not ideal. so i think it's a significant moment that the republican party now has moved off their position that the only way they're going to pay their bills is if they ge the correct kind of concessions. now, where does that leave us? i think we would be better served to go back to regular...
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Jan 19, 2013
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the economy was struggling. and he did not give a speech that was designed to say, heal the nation's wounds and bring the nation together. he gave a surprisingly polarizing speech saying we have a ways to go. we have got a -- it's not about more for those who already have much. it's about helping those who have nothing. it was called the one-third of the nation speech, because he pointed out, look, we are not at the promised land, i see a nation that has a long way to go. do we quit now. i expect actually, look barack obama's main goal is to democratic house in two years. unless he does that, he will not legislatively anything that he wants. so, if that is -- we are going to see a test of that in this speech and we will see a test of that in the first few days of the administration. if the agenda is polarizing, then we see himming looking at 2015. >> van, do not go too far, when we come back, a rare look inside a place few people have ever seen before. an historic part of the u.s. capitol, stand by. ♪ [ male a
the economy was struggling. and he did not give a speech that was designed to say, heal the nation's wounds and bring the nation together. he gave a surprisingly polarizing speech saying we have a ways to go. we have got a -- it's not about more for those who already have much. it's about helping those who have nothing. it was called the one-third of the nation speech, because he pointed out, look, we are not at the promised land, i see a nation that has a long way to go. do we quit now. i...
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fits into the global economy right now, hit me up before i go or while i'm there. and tune in here saturdays as the 1:00 p.m. eastern, suns at 3:00. thanks for joining the conversation here on "your $$$$$" and have a fantastic $$$$$" and have a fantastic weekend. -- captions by vitac -- www.vitac.com >>> a beautiful day on the national mall. hello, everyone. it's 2:00 on the east coast. 11:00 a.m. out west. thank you for joining us. i'm kate bolduan. >> i'm john berman. great to see you here today. we are live in washington, d.c., covering a huge event for this city and a huge event for the entire country. president barack obama's second inauguration. >> you can just see the beautiful picture behind us. so much going on around the nation's capital this weekend. cnn you can be sure is covering it all. parades, concerts, and religious services all of it leading up to the big main event, president obama's inauguration ceremony coming up on monday highlights of that event, the swearing in, of course, and the inaugural speech. white house correspondent brianna keilar jo
fits into the global economy right now, hit me up before i go or while i'm there. and tune in here saturdays as the 1:00 p.m. eastern, suns at 3:00. thanks for joining the conversation here on "your $$$$$" and have a fantastic $$$$$" and have a fantastic weekend. -- captions by vitac -- www.vitac.com >>> a beautiful day on the national mall. hello, everyone. it's 2:00 on the east coast. 11:00 a.m. out west. thank you for joining us. i'm kate bolduan. >> i'm john...
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Jan 19, 2013
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economy. this could be our last warning. lou dobbs will analyze. >> this is the president, i think, who has drunk the kool-aid. he is feeling right now high on his own power. is that true? is president obama becoming so rigid that he is unable to governor? carl rove has some thoughts. >> did you feel about bad about it? >> no. even scarier. >> did you feel in any way that you were cheating? >> no. >> lance armstrong pretty much admitting he is a sociopath. is he really sorry for his doping and lying? gutfeld and mcguirk on that. >> bill: caution, you are to enter the no spin zone. the from south florida. the factor begins right now. >> hi, i'm bill o'reilly reporting tonight from south florida. thanks for watching us. are we the people responsible for the chaos that is involving enveloping america? folks are responsible for the government they get. folks could have thrown hitler out they did not. russian ares fought hard for stalin. the chinese surrendered to move. the cubans allowed fidel castro to take away their liberty.
economy. this could be our last warning. lou dobbs will analyze. >> this is the president, i think, who has drunk the kool-aid. he is feeling right now high on his own power. is that true? is president obama becoming so rigid that he is unable to governor? carl rove has some thoughts. >> did you feel about bad about it? >> no. even scarier. >> did you feel in any way that you were cheating? >> no. >> lance armstrong pretty much admitting he is a sociopath. is...
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Jan 18, 2013
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. of president obama's first term. , with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> back to "hardball." next time you tune into "hardball," we'll be a few hours into president obama's second term. embedded in all the highs and lows of the past four years have been those lighter moments that are equally tough to forget. let's take a quick look back. >> we cannot sustain -- oops. was that my -- that's all right. all of you know who i am. the guy forgot his keys. jimmied his way to get into the house. there was a report called into the police station that there might be a burglary taking place. so far so good, right? i mean, if i was trying to jigger -- well, i guess this is my house now so it probably wouldn't happen, but let's say my old house in chicago, here i'd get shot. bipartisan outreach will be so successful that even john boehner will consider becoming a democrat. after all, we have a lot in com
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. of president obama's first term. , with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >>> back to "hardball." next time you tune into "hardball," we'll be a few hours into president obama's second term. embedded in all the highs and lows of the past four years have been those lighter moments that are...
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Jan 18, 2013
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how do we move forward and talk about building this economy up bottom up instead of artificially from washington? that's what republicans are talking about. i think you're going to see a very different generation of republican in two years. >> guys, stand -- quickly? >> i was going to say, i wonder when they had that seminar for women whether they talked about not having washington make decisions for them. that would be a step forward for the republican party. >> it's something to talk about and i think they had that one in the ward cleaver room. >> already. stand by for a moment. a moment you've all been waiting for, alec castelannaos is going to do what david axelrod did. take a look at that mustache. that mustache that he's had for, what, 41 years -- that beautiful mustache is about to go but for a very good cause. stand by. push-ups or sprints? what's wrong with fetch? or chase? let's do this larry! ooh, i got it, i got it! (narrator) the calorie-smart nutrition in beneful healthy weight... includes grains and real chicken, because a healthy dog is a playful dog. beneful healthy w
how do we move forward and talk about building this economy up bottom up instead of artificially from washington? that's what republicans are talking about. i think you're going to see a very different generation of republican in two years. >> guys, stand -- quickly? >> i was going to say, i wonder when they had that seminar for women whether they talked about not having washington make decisions for them. that would be a step forward for the republican party. >> it's...
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Jan 18, 2013
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south carolina has a pork-based economy. your state had no problem accepting aid after hugo and gafton. turns out there's republican officials in the northeast and they would like a word with you folks. >> to my colleagues who are from states with disasters recently who decided we need change the rules of the game, shame on you. >> new jersey does not expect anything more than what was done for louisiana, alabama and mississippi in katrina. if they want to make new rules about disaster, well, they picked the wrong state to make the new rules with. >> jon: my state. [cheers and applause] nice state you representing. be a real shame fit ended upping like new delaware. you never heard of new delaware? that's right. what is the hold up? what is the pork? >> there's stuff for alaska fisheries. there's things for the kennedy space center. there's the roof on the smithsonian. job training. >> jon: back up. there's no roof on the smithsonian. it's going to rain on archie bunker's chair. congress shouldn't have to go through this to
south carolina has a pork-based economy. your state had no problem accepting aid after hugo and gafton. turns out there's republican officials in the northeast and they would like a word with you folks. >> to my colleagues who are from states with disasters recently who decided we need change the rules of the game, shame on you. >> new jersey does not expect anything more than what was done for louisiana, alabama and mississippi in katrina. if they want to make new rules about...
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Jan 17, 2013
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the economy is growing. instead of contracting. in the first quarter of 2009, the gdp contracted 5.3%. it grew 3.1% when the last time it was officially measured. though remains below where it was before the great recession, consumer confidence has nearly doubled. and a larger percentage of americans, 41%, according to our last poll, believe the country is headed in the right direction, up from 26% in january, 2009. on the other hand, there is plenty of data to support the idea that the drink country is not better off than it was four years ago. and that the struggling economy continues to take a toll on families. median household income is lower than it was in 2009. and 46 million americans live below the poverty line. several million more than four years ago. the federal public debt has increased from 10.6 trillion in january 2009 to 16.4 trillion now. then there's the big number that's exactly the same as it was four years ago. the unemployment rate. 7.8%. though it's down from, of course, a high of 10% in october of 2009. few o
the economy is growing. instead of contracting. in the first quarter of 2009, the gdp contracted 5.3%. it grew 3.1% when the last time it was officially measured. though remains below where it was before the great recession, consumer confidence has nearly doubled. and a larger percentage of americans, 41%, according to our last poll, believe the country is headed in the right direction, up from 26% in january, 2009. on the other hand, there is plenty of data to support the idea that the drink...
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Jan 17, 2013
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would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military health care costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion in 2001. >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military personnel saw an increase in health care premiums. now, there are two things republicans love, the military and reducing the deficit. republican should be thrilled with the public option. how can you make a hundred billion dollar mistake? who's doing the math? will it save or won't it save? let's turn to the author of the bill, jan schakowsky of illinois. >> i'm so happy that wendy is doing well. >> thank you. we appreciated your phone calls very much. congresswoman, the math? >> the estimate is it's $104 billion over 10 years. it saves the government money. in terms of the subsidies, in the exchanges, it would be on
would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military health care costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion in 2001. >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military...
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Jan 16, 2013
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but egypt's economy is on the ropes. across the region, political storm clouds ar gathering as iran, israel and eight arab countries hold crucial elections this year. >> in every one of them, a new form of right, far, far right is emerging as to change the balance of power. >> reporter: in his first term, barack obama said he was making the middle east peace process a priority, but middle east expert aaron david miller says don't get your hopes up for this term. >> the fact is if you -- if the administration tried to put mahmoud abbas and benjamin netanyahu down together, right now, or in february, at the negotiating table, the gaps between them are so large that they simply cannot be bridged and the u.s., yet again, will be revealed as an emperor without clothes. >> and when we come back, we'll talk to chris lawrence from the pentagon, get new information here about this hostage situation in algeria. this is this north african country where we're now hearing, confirmed by the state department, 40 hostages, being called
but egypt's economy is on the ropes. across the region, political storm clouds ar gathering as iran, israel and eight arab countries hold crucial elections this year. >> in every one of them, a new form of right, far, far right is emerging as to change the balance of power. >> reporter: in his first term, barack obama said he was making the middle east peace process a priority, but middle east expert aaron david miller says don't get your hopes up for this term. >> the fact is...
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Jan 16, 2013
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. lease for $169 per month. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. . >> welcome back. former south carolina governor mark sanford is hoping to make a come back. it is his first run for office since he made scandalous headlines when he disappeared for days with his mistress saying he was hiking in the appalachian trails and he was in argentina. in charleston, south carolina. what kind of support is he getting and what is jenny sanford saying about all of this? >> all of that will be in this report. we have all of that for you. he is getting a lot of support he said for people urging him to run. he told our affiliate that he is both fearful and excited
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. lease for $169 per month. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ....
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Jan 16, 2013
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think is the most important problem facing the country, this was an open ended question at the top, economy in general at 21%, goes down to the federal budget deficit, dissatisfaction with government, unemployment, taxes, all the way at the bottom is gun. >> the web video which targets basically the president's children, who have secret service protection, as all children of presidents. over the line? >> based on this poll, he should have been apologizing for those children to breaking their piggy banks to pay for the national debt. that's what americans are concerned about. >> i'm asking you about the web video. >> because his children -- >> which children? >> children he had there on display, because his children, his own children, are well protected. joe biden opened up by saying that schools should be a sanctuary. well, he must have this confused, because the president's girls do go to a sanctuary, well-armed there, but most american kids are not protected at all. >> you don't think the president's children should be off limits? >> i think she should be protected and i think our childre
think is the most important problem facing the country, this was an open ended question at the top, economy in general at 21%, goes down to the federal budget deficit, dissatisfaction with government, unemployment, taxes, all the way at the bottom is gun. >> the web video which targets basically the president's children, who have secret service protection, as all children of presidents. over the line? >> based on this poll, he should have been apologizing for those children to...
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economy. >> where is the tipping point? i don't know where it is, but when it comes, going to be so swift and so savage. >> reporter: obama's plan proposes $360 billion in cuts to medicaid, medicare and other health programs over the next decade. but because costs in those programs are rising fast, the debt would be $6.4 trillion higher in 10 years. the president's budget also proposes cuts to discretionary and mandatory spending that would save $737 billion over a decade. military spending would be reduced, saving $487 billion. the fiscal cliff bill that congress passed on new year's day would also reduce projected deficits somewhat. higher taxes on households making above $450,000 and other tax increases will raise an additional $600 billion in revenue by 2022. but that's not enough. and as democrats and republicans gear up over the next few months to debate spending cuts, debt limits and the federal budget, there still is not a credible plan out there that puts a serious dent in the debt. but douglas durst still holds ou
economy. >> where is the tipping point? i don't know where it is, but when it comes, going to be so swift and so savage. >> reporter: obama's plan proposes $360 billion in cuts to medicaid, medicare and other health programs over the next decade. but because costs in those programs are rising fast, the debt would be $6.4 trillion higher in 10 years. the president's budget also proposes cuts to discretionary and mandatory spending that would save $737 billion over a decade. military...
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he can work on the economy and do something about gun violence. i don't think americans wanted to sit by. they want background checks. they want their children to be safe and keep their gun rights, too. all of that can be done with commonsense proposals, making sure people have their guns registered one way or the other. a lot of republican s and conservative democrats are standing in front of that because they want to make money with the gun industry instead of caring what the american people want. >> thank you so much for the interesting conversation. >>> is walmart's $50 billion pledge to build american-made products just bait and switch? some say it's a ploy to make you forget that the giant retailer also sells assault rifles. . uh, forgot jack's cereal. [ jack ] what's for breakfast? um... try the number one! yeah, this is pretty good. [ male announcer ] over a third of a day's fiber. fiber one. stress sweat is different than ordinary sweat. it smells worse. get 4x the protection against stress sweat. introducing new secret clinical strength
he can work on the economy and do something about gun violence. i don't think americans wanted to sit by. they want background checks. they want their children to be safe and keep their gun rights, too. all of that can be done with commonsense proposals, making sure people have their guns registered one way or the other. a lot of republican s and conservative democrats are standing in front of that because they want to make money with the gun industry instead of caring what the american people...
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other factor, too, is we can't forget that one of the best anecdotes to a deficit is a strong, growing economy, particularly growing jobs. and so there are things we have to do to grow jobs. >> i think everybody agrees on the jobs front. anyway, senator jack reed, democrat from rhode island, the senior man when it comes to military affairs in the u.s. senate these days. thank you, sir. >> thank you. >>> up next, the presidential limo gets tagged a political punch. and the second term shuffle continues. another cabinet secretary announces his time for departure. >>> plus, former president bill clinton speaks out on secretary clinton's health and how it could affect any ambitions she might have for 2013. >>> but first, today's trivia question. how many presidents have been inaugurated in an even-numbered year? tweet me the answer, @chucktodd and @dailyrundown. the first correct answer gets a follow we say from us. the correct answer and more is coming up on t"the daily rundo " rundown." nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for m
other factor, too, is we can't forget that one of the best anecdotes to a deficit is a strong, growing economy, particularly growing jobs. and so there are things we have to do to grow jobs. >> i think everybody agrees on the jobs front. anyway, senator jack reed, democrat from rhode island, the senior man when it comes to military affairs in the u.s. senate these days. thank you, sir. >> thank you. >>> up next, the presidential limo gets tagged a political punch. and the...
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obama to turn it around... >> narrator: the cascade of bad news began with the economy. >> fear swept through the markets... >> he had to start thinking about this the day after he was elected. >> this was the most eventful and consequential presidential transition in american history. >> we were all worried about what we were seeing. we knew that the credit system was pretty quickly headed towards something that looked a lot like seizure. >> narrator: the president-elect was told that in the two months since lehman brothers crashed, the panic on wall street had only gotten worse. >> what we were facing was something that, really, he had never contemplated, never experienced. >> narrator: unemploymenwas nearly seven percent and climbing. the stock market was down more than 6,000 points. >> there was a growing sense of calamity. this could be the most climactic economic crisis in all of american history, that we were that close to a complete meltdown. >> obama at that moment gets a real glimpse of the future: disaster is coming. >> at the end of the conversation, there is basically no
obama to turn it around... >> narrator: the cascade of bad news began with the economy. >> fear swept through the markets... >> he had to start thinking about this the day after he was elected. >> this was the most eventful and consequential presidential transition in american history. >> we were all worried about what we were seeing. we knew that the credit system was pretty quickly headed towards something that looked a lot like seizure. >> narrator: the...
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house or in the senate who broke ranks publicly and said actually, purposefully driving the american economy into a ditch to make a point that even we don't understand and that is against the constitution, that might not be a great idea. nobody broke ranks when the republicans did this in 2011. nobody on the republican side. but today on the republican side somebody did. today republican senator lisa murkowski of alaska broke ranks. she gave an interview to her hometown newspaper in alaska, she says she disagrees threatening the country with default. quote, murkowski is breaking rank, saying the country has a duty to assure it pays its bills. murkowski said not all of her colleagues in the senate will say it out loud, but she believes most agree that failing to raise the debt limit would harm perception of the country. quote, if you incur an obligation, you have a responsibility to pay for that, murkowski said. time is going the tell if lisa murkowski is the first republican to break ranks or if she is the only republican to break with republican leadership on this issue. but the fact that s
house or in the senate who broke ranks publicly and said actually, purposefully driving the american economy into a ditch to make a point that even we don't understand and that is against the constitution, that might not be a great idea. nobody broke ranks when the republicans did this in 2011. nobody on the republican side. but today on the republican side somebody did. today republican senator lisa murkowski of alaska broke ranks. she gave an interview to her hometown newspaper in alaska, she...
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our economy is teetering. what would happen if our economy collapsed? who is to say what would happen? look at l.a. riots. look at everything that happened like you said -- things happen in this world. >> reality check. we're not -- >> this is reality check. >> we're not back in the 18th century. right? george iii is dead. and let me explain one other thing to you. if your government does turn tyrannical they have 5,000 nuclear warheads at their disposal to come after you and your guns. so let's wake up and smell the coffee. >> you know, if they want to drop a nuclear bomb in tennessee -- >> let me bring in james fox. james fox, you want to jump in. >> that's just ludicrous. >> we seem to be focusing too much just on ar-15s and assault weapons. actually, a small percentage of homicides are committed with assault weapons. >> wait, wait, wait. let me respond to that. because the reason that i've been focused on that, in particular, i'm aware it's a small percentage of the killings in america. but the last four mass shootings in america, aurora, the oregon
our economy is teetering. what would happen if our economy collapsed? who is to say what would happen? look at l.a. riots. look at everything that happened like you said -- things happen in this world. >> reality check. we're not -- >> this is reality check. >> we're not back in the 18th century. right? george iii is dead. and let me explain one other thing to you. if your government does turn tyrannical they have 5,000 nuclear warheads at their disposal to come after you and...
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and it could be great for the american economy. the tech industry wants to reform because it would stop the brain drain of highly skilled workers. putting undocumented laborers on the books is a good thing because it pumps dollars into the economy. i am joined tonight by hilda solis, secretary of labor who is leaving that position, but in my opinion has done a fabulous job. >> thank you. >> you've been a tremendous advocate across the board for not just labor, but for the environment, green jobs, women's rights. >> thank you. >> the lot. hilda, what about immigration reform and what it would mean to the treasury. how many more americans, how many more people would we get on the rolls on paying taxes in this country if it were done properly? >> well, if people were thinking rationally, we would look at putting money back into our treasury and the social security fund, in the medicare and medicaid fund, because people would be brought out of the shadows. you're talking about billions of dollars. in fact, what the president has done r
and it could be great for the american economy. the tech industry wants to reform because it would stop the brain drain of highly skilled workers. putting undocumented laborers on the books is a good thing because it pumps dollars into the economy. i am joined tonight by hilda solis, secretary of labor who is leaving that position, but in my opinion has done a fabulous job. >> thank you. >> you've been a tremendous advocate across the board for not just labor, but for the...
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and two, perhaps pushing wound after wound on the economy is really not what folks sent us here to do. >> and ryan, the funny thing about this, this can end up being perceived as some sort of republican cave when they never should have taken a party position against raising the debt ceiling in the first place. so that doing the rational thing could actually simply look rational when they chose to do it. >> right, exactly. they -- if they had never made a big deal about this to begin with then they wouldn't be in this situation. now, obama kind of aided and abetted them because he wanted it to be the debt ceiling leverage that he kind of wanted this grand bargain in 2011. that never happened. since then, he has been consistent saying i am not going to mess around with the debt ceiling anymore. and good for him on that, you're right. as newt gingrich said, wisely and moderately and reasonably, he said don't pick this fight because you're going to lose it. don't create a national crisis around this that will only wind up with you caving. so just do it quietly, early, the sooner you do it
and two, perhaps pushing wound after wound on the economy is really not what folks sent us here to do. >> and ryan, the funny thing about this, this can end up being perceived as some sort of republican cave when they never should have taken a party position against raising the debt ceiling in the first place. so that doing the rational thing could actually simply look rational when they chose to do it. >> right, exactly. they -- if they had never made a big deal about this to begin...